Wednesday, February 24, 2010

Who's the home team?

On the one hand you have the Bankers and Wall Street investment houses. On the other hand you have the Insurance Industry. The differences are stark. I'll call them Team A and Team B. Team A. the Bankers et al, get bailed out, then hand out giant bonuses. Team B raises their rates as much as 39%, after they're already earning giant profits. Come to think of it, there isn't much difference between Team A and Team B. OK, Team A includes the Bankers, Walls Street Investors and the Insurance Industry. So, that leaves the rest of us suckers on Team B. So, what was my point? Oh yeh. Any time there's two teams going against each other, there has to be some officials to keep order. The problem is that if Team A gets to spend tens of millions or hundreds of millions on the officials campaigns to get reelected, who do you think the officials will side with? Seems to me, the fix is in.

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